Portland Neighborhoods

Short sales up to 8 months to close!

October 28th, 2011 admin

Every buyer I work with wants to know what the deal is with short sales. And many come equipped with little or inaccurate information about them. So each time I find myself giving the dreaded “short sale speech.” The reason I dread it is because there are so many unknowns with short sales. And almost all of the buyers I work with end up leaving them out of the search because of that. Few people out there have the luxury of waiting 8 months for a sale to close…let alone the patience. And I don’t blame them one bit! Here’s an article about the 5 most common complaints about short sales and foreclosures. There are some typos in the article but the content is good.